Business owners looking for access to working capital should research two types of grant programming. The first is general grant programs that will provide businesses with funding and support based on their application. Business owners should also be researching state and local grants provided by government agencies. These grants will not only provide your business with funding, but also present an opportunity to network with organizations and government entities that can provide your business with long-term support. This week’s grants are a combination of general and government-funded grants.
Local Initiative Support Corporation Grants for Growth Program
Local Initiative Support Corporation is partnering with Uber and Visa to offer a grant program that will support restaurant recovery efforts. Grants for Growth is offering grant funding to restaurants with active UberEats accounts since Jan. 1, 2022, in the following cities: Atlanta, Chicago, Los Angeles, Washington D.C., Miami, Detroit, the NYC metro/New Jersey area, the San Francisco Bay Area, Philadelphia and Boston. Preference will be given to veterans, minorities, women and LGBTQIA+ business owners. Eligibility requirements and an application are available here. The application deadline is Jan. 24, 2022.
EnrichHer Small Business Grant
All business owners need funding to grow and scale their businesses. EnrichHER is invested in providing funding opportunities to women-led businesses. The organization’s $5,000 grant will help entrepreneurs purchase equipment, with operating costs or to manage a marketing campaign. In addition to financial support, recipients will receive business promotion support and access to future funding. More information can be found here.
Iowa City-Targeted Small Business Grants
Small businesses located in Iowa City may qualify for small business grants that can be used to fund one-time expenses. Businesses without employees are eligible to receive a grant up to $2,000. Businesses with employees that have W-2s filed may qualify to receive up to $5,000. The deadline to apply is Feb. 4. Eligibility criteria and an application can be found here.
The New Jersey Department of Labor and Workforce Development
Businesses operating in New Jersey with an interest in hosting pre-apprenticeships are eligible to qualify for a grant to support programming that will help people gain employment training and educational opportunities. It’s offered through the Department of Labor and Workforce Development’s Office of Apprenticeship. Favored industries include advanced manufacturing, biopharma/life sciences, public service and industries and work affected by the COVID-10 pandemic. The deadline to apply is Jan. 25. Eligibility and application instructions can be found here.